JP Morgan now has its own silver vault licensed by the COMEX. They can take delivery of their huge short position and lie about having the actual physical silver.
But, JP Morgan would never lie to the COMEX and investors and falsify their balance sheets……
This vault will NEVER have an independent audit. And if they do, observe the line of Brink’s trucks before and after the official visit.
JP Morgan must resort to this slight of hand because if they had to liquidate their silver short positions, they would be bankrupt. And the government and COMEX will let them lie, because they would be bankrupt (dollar would crash, market would fall) without JP Morgan.
You don’t know it yet, but the physical silver in your hand just became extremely rare. Soon price will meet and exceed reality. It is only a matter of time.
Here is Harvey Organ’s post about the latest from JP Morgan. Click here. So will JPM “let” silver rise since they now can write in any amount to cover the short positions?
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